osmosis

Prop 398: Enable Superfluid Staking on OSMO/WMATIC

On passing, this proposal would enable Superfluid Staking on the OSMO/WMATIC (#789) pool on Osmosis.

Details
Superfluid proposals ask whether governance trusts in the stability and security of the chain sufficiently to allow their tokens to have an influence on Osmosis governance.

This proposal would enable Superfluid Staking in the OSMO/WMATIC pool (#789).

If enabled at the current 50% discount rate, an additional ~120 thousand OSMO can be used to secure the network through staking.

This proposal comes after the bootstrapping period for WMATIC implemented in Proposal 386 has ended

About WMATIC
WMATIC is the wrapped version of MATIC that enables use on the Polygon network. WMATIC is similar in liquidity to WETH as the most liquid, volatile asset across Polygon. WMATIC is provided on Osmosis via the Axelar bridge.
Website: https://polygon.technology/

Commonwealth Thread
https://commonwealth.im/osmosis/discussion/8889-enable-superfluid-staking-on-osmowmatic